Avo vs OriginTrail

OriginTrail (TRAC) is 354.7× the size of Avo (AVO) by market capitalisation. Over the past 30 days, TRAC is ahead by 30.9 percentage points (AVO -26.2% against TRAC +4.7%). Their daily returns move barely together (correlation 0.24 across 21 shared trading days). AVO has been the more volatile of the two, at 149% annualised against TRAC's 104%.

Correlation: 0.24
Size ratio: 1 : 354.7
Ahead over 30 days: TRAC

AvoAVO

$0.000426

24h: +0.33%
Market cap: $426,424
Volume 24h: $4,001
Volatility (ann.): 149%

OriginTrailTRAC

$0.338157

24h: +0.51%
Market cap: $151.25M
Volume 24h: $1.96M
Volatility (ann.): 104%

AVO 0.3%Share of the two combined market caps99.7% TRAC

Performance

AVOTRAC

7 days-6.38%-7.03%AVO
30 days-26.21%+4.69%TRAC

Correlation

0.24over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	AVO	TRAC
Max drawdown (400d)	-28.1%	-22.2%
Risk-adjusted return (90d)	-0.18	0.29

Relative strength over 90 days: TRAC outperformed AVO by 36.0% — measured on the AVO/TRAC ratio, so it holds regardless of market direction.

Avo →OriginTrail →